For example, from about Aug. 20, 2014 to Sept. 23, DUST lost $185.3 million in assets but surged 55% over that period. [Getting it Wrong With Leveraged ETFs]
Over the same period, GDX slumped 15%, but NUGT saw inflows of $340 million. From early May 2014 to the start of June, investors have allocated $3 to NUGT for every $1 pulled from DUST while the latter jumped 27.4% and NUGT slid 24%.
Direxion Daily Gold Miners Bear 3X Shares
